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Dec 28, 2012
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straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. >>> welcome back to "power lunch." if you were a member of congress what would your fiscal cliff solution be. 2% of you, 2%, said big tax hike. 31% said massive spending cuts. 58% said a mix of spending cuts and tax hikes. 6% said do nothing. blame the other party. 3% said stay quiet. now let's see what's coming up on "street signs." mandy is down at the nysc. >> hi there, ty. we're scaling numerous cliffs. we have the fiscal cliff, the milk cliff and the ranmar cliff. stick around. will 2013 be a do or die year for big box retailers. which ones could be on the line. and it's prediction 2013. we're going to give you three of our big predictions for next year. i brought along a friend. top of the hour, folks, back to you on "power lunch." >> thank you, mandy. >>> back to our top story. congressional leaders heading to the white house in just about 1.5 hours in a last-minute meeting to try to avert the fiscal cliff. the debate on the hill has
straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. >>> welcome back to "power lunch." if you were a member of congress what would your fiscal cliff solution be. 2% of you, 2%, said big tax hike. 31% said massive spending cuts. 58% said a mix of spending cuts and tax hikes. 6% said do nothing. blame the other party. 3% said stay quiet. now let's see what's coming up on...
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Dec 27, 2012
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straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. it's just common sense. ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪ >>> all right. power rundown time. michelle is with us, kayla too. first up, the fiscal cliff just four days away. it doesn't look
straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. it's just common sense. ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this...
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Dec 26, 2012
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straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. >>> okay. two and a half minutes left. we've talked a lot about the resilience of the markets even in the face of the fiscal cliff market. maybe the market has been taking this in stride. look what happened today. we almost got to 20, the yellow flag area. we haven't been to 20 on the vix since back in july, early july, and today we're up 3.7% at 1928. however, look at a one--year chart of the dow comparing it to the vix. what often happens is when the vix peaks as it did in june and july, that can mark a bottom in the stock market so we're starting to move up again. i'm just saying. not trying to forecast anything and here's what happened today at the dow, sort of falling off here in the latter part of the hour but not off. off the lows of the day. down 21 points. material stocks were the strength today. up 1.5%. everybody else was either unchanged or lower. what do you make of the increased volatility or increased fear here, david darst,
straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. >>> okay. two and a half minutes left. we've talked a lot about the resilience of the markets even in the face of the fiscal cliff market. maybe the market has been taking this in stride. look what happened today. we almost got to 20, the yellow flag area. we haven't been to 20 on the vix since back in july, early july, and today we're...
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Dec 28, 2012
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straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. >>> facebook's instagram service may have lost as many as quarter of its users over change in a terms of its services. "the new york post" quoting figures from app data saying the photo sharing service had 16.4 million users when it announced the change. a number that's now fallen to 12.4 million. users had interpreted this change to the privacy issue to mean that instagram could actually sell their photos for use in advertising. but instagram says it was all a big misunderstanding. they came out with a new terms of service. you had to press i agree -- i don't even know, people said oh, my goodness, they actually own our photos, they're going to do things with our photos that we don't even know about, and that has not come. they've since changed the policy. but i do know a number of people, and clearly the numbers have been demonstrating, jumped off the service. and instagram now owned by facebook. so other questions about mark zuckerberg a
straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. >>> facebook's instagram service may have lost as many as quarter of its users over change in a terms of its services. "the new york post" quoting figures from app data saying the photo sharing service had 16.4 million users when it announced the change. a number that's now fallen to 12.4 million. users had interpreted this...
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those are things that you care about the science and less about the politics. >> do the -- does the specter of any type of price controls for pharmaceuticals, is that on the horizon for this country, or are we -- will we still lead the world in innovation because we won't -- we're not stupid enough to try to figure prices there? >> that's a leading question. >> it is. >> but the one major explicit price control mechanism in obama care is called an ipad board. and i can't -- i cannot remember this early hour what that stands for. but that one is -- if there's going to be anything that's overturned, it will be the ipad board. neither democrats nor republicans like it. it's -- the board, the -- >> independent payment -- >> thank you. the death panel so to speak. but it looks like it's -- >> you agree with me that the innovation has been stifled by not being able to charge what it takes to develop the drug, right? >> well, innovation is a funny thing. it's not necessarily dollar to dollar. i mean, sometimes you can just drop a soda in a -- you know, a petri dish and get penicillin like fleming
those are things that you care about the science and less about the politics. >> do the -- does the specter of any type of price controls for pharmaceuticals, is that on the horizon for this country, or are we -- will we still lead the world in innovation because we won't -- we're not stupid enough to try to figure prices there? >> that's a leading question. >> it is. >> but the one major explicit price control mechanism in obama care is called an ipad board. and i can't...
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help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. gee you are watching cnbc's "squawk on the street," live from the financial capital on the world. the opening bell set to ring on that balcony in a couple minutes there the big board, west virginia university and syracuse university, the football teams playing in the new era pinstripe bowl at yankee stadium this saturday. i know melissa is going p. >> for sure. we are carpooling, right, carl? >> at the nasdaq, iraq and afghanistan, veterans of america, a non-profit organization with more than 200,000 members. great to see them today as well. a lot of charity this morning, even on the general news morning shows about facebook. if you haven't heard already, randi zuckerberg posted a pitch of her family, thought it was private, somebody saw it on their feed, put it on twitter, she responded angrily saying it was way uncool and beyond human decency and it has raised, once again this argument, debate about privacy settings and whether or not you
help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. gee you are watching cnbc's "squawk on the street," live from the financial capital on the world. the opening bell set to ring on that balcony in a couple minutes there the big board, west virginia university and syracuse university, the football teams playing in the new era pinstripe bowl at yankee stadium this saturday. i know...
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Dec 27, 2012
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straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. >>> welcome back to "squawk box." shares of marvell technology falling this morning. company says they're going to seek to overturn a jury's patent infringement finding. yesterday a federal jury found marvell infringed two patents held by carnegie mellon. the chipmaker has been ordered to pay $1.2 billion in damages. another big payday maybe for -- >> lawyers. >> now to the winter storm slamming the east coast. the weather channel's reynolds wolf joins us now with more. is this one named, reynolds? >> this one is indeed named. this one is given the name euclid. go figure. i say that spells trouble. it's certainly going to spell trouble for people trying to travel out of new york. you look at this color code behind us, where you happen to see the orange and the yellow. just like on a traffic light you're going to have a little bit of caution there. but ground travel at least air travel may come to a screeching halt in places like boston, por
straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. >>> welcome back to "squawk box." shares of marvell technology falling this morning. company says they're going to seek to overturn a jury's patent infringement finding. yesterday a federal jury found marvell infringed two patents held by carnegie mellon. the chipmaker has been ordered to pay $1.2 billion in damages. another...